Test Magazine April 2014 | Page 4

Monthly Research Book Research Released April 1-30, 2014 There has been growth in the number of studies exactly how environmental news affect corporate financial performance. When firms do not receive a director increase in share price from their environmental investments, green efforts can still serve as a risk management tool, cushioning the firm against negative investor reaction. Data Collection and Analysis in Philanthropy Giving Thoughts…………………………………………………………..225 Gina Anderson, Philanthropy Fellow, Centre for Social Impact, University of New South Wales Philanthropists today are trying to make large-scale change by identifying and addressing the causes of problems rather than reacting to their effects. This report looks at the value of data collection and analysis for philanthropic foundations and philanthropists, and it examines how that information could be used for more purposeful grant making. Economics Economic Watch: Emerging Markets View Emerging Markets Face a Bumpy Recovery Road Ahead, and Impact on Global Economy in 2014 could be More Significant than Expected…………………232 Jing Sima-Friedman, Economist Andrew Polk, Economist TCB projection of 3.5% global GDP growth in 2014 is facing some downward adjustment risk in case energy markets growth performance continues to weaken. Economics Watch: Emerging Markets View Emerging Markets are Slowing More than Expected So Far in 2014, and Downward Risks to Global Economy are Increasing………………………………………………241 Jing Sima-Friedman, Economist Abdul Azeez Erumban, Senior Economist Financial conditions continue to tighten and manufacturing remains sluggish, resulting in downward pressure for energy markets. Political instability is also a factor. Economics Watch: European View While Europe’s Short-Term Outlook is Improving, Risks to a Sustained Recovery Persist………………………………………………………………………………………………………………….249 Bert Coljin, Senior Economist Survey indicators in the Euro Area are all pointed to continued growth, signaling improvements in the short-term outlook. Economics Watch: United States View Economy if Thawing Out…..……………………………………………………254 Ken Goldstein, Economist US Economic growth is posed for some solid gains and the housing and labor markets are keys to this improvement. Why CEOs Need to Care about Trust in Business ExecutiveAction Series.…………………………………………..260 Donna Dabney, Executive Director, The Conference Board Governance Center CEOs need to build trust with the public by taking action to alter the perception of a rigged system and CEOs taking initiatives. From a Buyer’s Market to a Seller’s Market Declining Unemployment and Evolving Labor Shortages in the United States, Executive Action Series……..……………………………………………………………….267 Gad Levanon, Director, Macroeconomic & Labor Markets April 2014 Page iii